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Property profile & analytics
OFF-MARKET
Estimated value
$5,915,000
Assisted living facilities
7423 Kauai Loop New Port Richey, FL 34653-6102
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-2249396
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2003
Total area
27,790 SF
Lot
0.34 ac (14,829 SF)
Zoning code
00C2
APN
15-26-16-0000-00100-0103
UPID
US18-2249396
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Sunset Bay Club Nursing Home Retirement Community
-
Elevated Estates of New Port Richey Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.89M
Blend (final)
Blend
$5.92M
Owner & transaction history
Elevated Estates Of Npr Holdings Ll · 4 yrs held
Elevated Estates Of Npr Holdings Ll
since 2022
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
00C2 · New Port Richey, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.8M
+51.6%
Medical building
$5.4M
+4.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Port Richey submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Port Richey submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,645,000
ML approach
$6,645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$5,170,000
Current use
RETAIL STORES
$7,835,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$5,395,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,780,000
Change: -8% · Conversion: Difficult
OFFICE BUILDING
$4,140,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$5.92M
Range $5.32M – $6.51M · ±10% · vs last sale $5.20M (Jan 26 2022)
Last sale anchor
$5.20M
Jan 26 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$213 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$50,026
Tax year 2023
Assessed value
$3,132,848
Assessed 2023
Previous assessed
$2,564,655
+22.2% YoY
Effective rate
1.60%
On assessed value
Assessed land
$73,014
Assessed improvement
$3,059,834
Land market value
$73,014
Improvement market value
$3,059,834
Total market value
$3,132,848
Applied tax rate
9,100.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Stories
3
Units
52
Bathrooms
5
Total area
27,790 SF
Lot
0.34 ac (14,829 SF)
Zoning code
00C2
APN
15-26-16-0000-00100-0103
UPID
US18-2249396
Jurisdiction
PASCO
Zoning & alternative use
00C2 · New Port Richey, FLZoning 00C2 · permitted uses
00C2 · New Port Richey, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$5.2M
RETAIL STORES
Est. value
$7.8M
MEDICAL BUILDING
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$4.8M
OFFICE BUILDING
Est. value
$4.1M
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
52
Bathrooms
5
Lot
0.34 ac
Current owner
From public records · entity-resolved
Elevated Estates Of Npr Holdings Ll
Entity
Mailing address
7320 ANDORRA PL, BOCA RATON, FL 33433-4952
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2022
$5,200,000
Elevated Estates Of Npr Holdings Ll
Npr Villas Real Estate LLC
Special Warranty Deed
$4,420,000 · Celtic Bank Corporation
Jul 1, 2019
$5,927,800
Npr Villas Real Estate LLC
New Port Richey Real Estate LLC
Special Warranty Deed
$6,100,000 · Dougherty Funding LLC
Jun 29, 2010
—
New Port Richey Real Estate LLC
Margaret M Russell
Correction Deed
related
—
May 1, 2010
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jan 21, 2010
$5,000,000
New Port Richey R/e LLC
Russell Margaret M 1 Trust
Grant Deed
—
Jan 21, 2010
—
New Port Richey R/e LLC
Russell,margaret M
Quit Claim Deed
related
$1,600,000 · Alf Loan Holding LLC
Apr 21, 2005
$8,000,000
Russell Margaret M 1992 Trust
P & L Assisted Living INC
Warranty Deed
$5,000,000 · Isleworth Adult Cmnty INC & Th
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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